Recreational Vehicle Loans
You've worked hard to get to a place where you can afford to spend money on luxuries such as a recreational vehicle or motor home. If you're in the market for a loan, work with a company that offers flexible financing options and service that puts your needs first.
Let PSECU match you with a loan that makes owning your dream recreational vehicle (RV) possible. With our RV loans, we finance up to 90% of the retail value of RV including motor homes, travel and camping trailers, and camper vans. The retail value of the RV must be at least $3,333.
Value is determined by either the Manufacturer's Suggested Retail Price of a new RV or the Kelley Blue Book® or other authorized guides listing of a used RV. RV loans are available only for self-contained, street legal recreational vehicles.
Finding Your Dream RV
Whether you're retiring to life on the road or planning a weekend getaway, choosing an RV that's right for your budget and your needs is critical. Here are some things to think about:
- Motorhome or trailer: As their names imply, motorhomes are vehicles with a living space built in, whereas trailers have to be towed by a car or truck. Several different classes exist within each category, from pop-up trailers and camper vans, to luxurious Class A motorhomes and fifth wheel trailers. While a trailer will cost less upfront than a comparably spec'd motorhome, it will require a truck with enough hauling power to tow - and it can put a great deal of wear on your engine and other components.
- New or used: Buying used lets you save the depreciation involved in buying new, though options may be limited in your area. Make sure any potential used RV undergoes a thorough mechanical inspection before you make a commitment.
- Budget: Your budget is likely to be the main factor affecting your choice of an RV. Remember that beyond the initial purchase price, you'll need to account for ongoing expenses such as insurance, gas and maintenance, parking and more.
When you're ready to begin your search, visit your local RV dealer or start watching the classified pages in your area. You can also check out PSECU's Member Showroom by CUDL® AutoSMART sales and public auctions for deals.
We Finance Both New and Used RVs
PSECU can provide recreational vehicle loans for both new and used RVs. We offer convenient low rates and terms up to 120 months. Submit your application online and we'll get back to you quickly - often within a few minutes. Once your loan has been approved and you've signed off on the terms, we'll send you an AutoCheck made out for the purchase amount that's valid for up to 120 days from the date of issue.
Need a loan for a boat/boat trailer, jet ski, ATV, snowmobile or a non-street legal vehicle? Request a Personal Loan.
Rates valid as of 8/23/2017 11:14 PM
|New / Used RV||1-36 Months||4.25%
|New / Used RV||37-48 Months||4.75%
|New / Used RV||49-60 Months||4.75%
|New / Used RV||61-84 Months||5.75%
|New / Used RV||85-120 Months||6.25%
*APR denotes Annual Percentage Rate
Recreational Vehicle Loan Terms
||Loan Amount (Minimum)
PSECU will finance up to 90% of the retail value for recreational vehicles. The Manufacturer's Suggested Retail Price determines new recreational vehicle values; Kelley Blue Book® or other authorized guides determine used recreational vehicle values. Minimum value is $3,333. PSECU makes all final decisions regarding vehicle value and proper rate. Loan rates are effective as of 7/13/16 and subject to change. See the Consumer Note, Disclosure and Security Agreement at psecu.com/disclosures or call 800.237.7328. Kelley Blue Book® is a registered trademark of the Kelley Blue Book Co., Inc.